By Admin 
Share Market Today: The stock market is sluggish today after the stormy rise on Tuesday after the trade deal between India and America. Both BSE’s 30-share sensitive index Sensex and NSE’s 50-share benchmark index Nifty both had a weak start. BSE Sensex opened below the 83300 mark with a fall of 0.5 percent, while NSE Nifty started trading at the level of 25675.
During trading today, investors will keep an eye on global cues, which include trends in Asian markets and fluctuations on Wall Street. Movement of rupee and changes in commodity prices can also affect intraday sentiment. Apart from this, the impact of the developments related to India and America trade deal and the reactions to the recent announcements in the budget can also be seen on the market.
A decline is also being seen in the broader market in this morning’s trading. A decline of 0.48 percent was recorded in the Nifty Midcap index and 0.18 percent in the Nifty Smallcap index. Nifty IT index has fallen by more than 5.5 percent, in which shares of Persistent Systems, LTIMindtree, Infosys, HCL Tech, Coforge, TCS, Mphasis and Tech Mahindra suffered losses.
condition of asian markets
Today most of the Asian markets also opened with a decline. Investors’ mood is sour after the overnight fall on Wall Street and heavy selling in American technology stocks. Japan’s stock market has fallen the most. Nikkei 225 fell by about 1.2 percent due to pressure on technology stocks. At the same time, a decline has also been recorded in the Topics index. In contrast, South Korean markets were trading well, with the Kospi rising 0.4 percent and the Kosdaq rising more than 1 percent.
Wall Street collapse
On February 3, US stock markets closed with a decline as selling pressure was seen in technology stocks. The S&P 500 fell 0.84 percent to 6,917.81. The Dow Jones Industrial Average fell 166.67 points, or 0.34 percent, to close at 49,240.99, after reaching a record high earlier in the day. The Nasdaq Composite slipped 1.43 percent to close at 23,255.19. During this period, huge decline was also seen in the shares of Nvidia, Microsoft and Alphabet.
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